logo
About Contact

Intel's Stock Plummets Nearly 30% in Historic Fall Amid Weak Forecasts and Revenue Insights

AI News

Intel's Stock Plummets Nearly 30% in Historic Fall Amid Weak Forecasts and Revenue Insights

Intel Stock Plunges Nearly 29% on Weak Forecast

Technology Org

Intel Stock Plunges Nearly 29% on Weak Forecast

Intel stock fell nearly 29% after a weak fourth-quarter forecast and a PC slowdown warning, dragging chip stocks worldwide lower.

Intel stock plunges nearly 30%, its worst day in 52 years

TechSpot

Intel stock plunges nearly 30%, its worst day in 52 years

Oddly enough, the quarter itself went well. Intel beat Wall Street's earnings estimates. Its data center revenue jumped nearly 80% from a year earlier to $7.3 billion, too. But its forecast for...

Intel Shares Crash Nearly 30% In Biggest One-Day Fall Ever: What Went Wrong With The Chipmaker?

NEWS18

Intel Shares Crash Nearly 30% In Biggest One-Day Fall Ever: What Went Wrong With The Chipmaker?

The sharp decline put Intel on course for its biggest single-day percentage fall and wiped more than $146 billion off its market value, according to Reuters.

Intel Data Center Revenue Jumps 78%, but Weak Q4 Guidance Drags Stock Down 30%

TechPowerUp

Intel Data Center Revenue Jumps 78%, but Weak Q4 Guidance Drags Stock Down 30%

Intel shares fell roughly 29% on Friday to $65.76 after the company's fourth-quarter outlook came in well below Wall Street expectations. According to CNBC, it was the stock's worst day since the...

October ends with a thud for Intel, Reddit, AI stalwarts

Economic Times

October ends with a thud for Intel, Reddit, AI stalwarts

A fresh test of this year's technology rally sent the Nasdaq composite on Friday to its biggest decline since June. Chipmaker Intel and social media firm Reddit fell 29% and Sandisk, a chipmaker...

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.